X Company, a manufacturer, prepares monthly financial statements. On January 1, total assets were $110,907. The following transactions occurred during January: . Issued additional shares of stock for $109,000. Acquired $8,600 of direct materials, $4,214 of it paid for with cash, the rest bought on open account. A one year rental agreement was signed for $5,800 per month. Rent for the first two months was paid in advance. Product sales were $114,000, $23,951 of which were on account; the rest were cash sales. Product costs were $76,380. Paid wages and salaries of $10,187. Paid $23,623 to suppliers for materials that X Company had previously purchased on account. Collected $23,951 from customers who had previously purchased products from X Company on account. What would total assets be on January 31? [Ignore adjusting entries.] A: $228,103 B: $330,749| OC: $479,587| OD: $695,401 E: $1,008,331| OF: $1,462,080